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Tata Communications Payment Solutions Limited
Tata Communications Payment Solutions Limited News
RBI
24 Nov 2021
RBI slaps penalties worth crores on Tata Communications Payment, Appnit
A penalty of Rs 2 crore has been imposed on TCPSL and Rs 54.93 lakh on ATPL. The RBI had issued notice to these two authorised Payment System Operators (PSOs). RBI concluded that the charges of non-compliance with certain directions were substantiated and warranted the imposition of monetary penalty.
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